@techreport{Jansen2004Look,
abstract = {This paper studies ECB and Bundesbank communication on monetary policy during the first
years of the European Economic and Monetary Union. We study whether statements by
different (groups of) central bankers have been contradictory and whether differences have
diminished over time. We find that statements on the interest rate, inflation and economic
growth have indeed been contradictory. Furthermore, national central banks continue to
dominate communication on monetary policy. Finally, only the ECB Executive Board has
observed radio silence before ECB Governing Council meetings. A positive conclusion is
that, over time, interest rate statements have become less contradictory.},
author = {David-Jan Jansen and Jakob de Haan},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {E58; E52; 330; central bank communication; European Central Bank; Bundesbank; Zentralbank; Geldpolitik; Staatliche Information; Europ\"{a}ische Wirtschafts- und W\"{a}hrungsunion; Deutschland; EU-Staaten},
language = {eng},
number = {1263},
title = {Look who's talking : ECB communication during the first years of EMU},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/18901},
year = {2004}
}